Numismatic News and Blog Headlines – Dec 2, 2008

Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read them for their unusual or interesting content. Here are today’s articles:

In this economy, everyone likes a good value. If you don’t have the discretionary funds for coins now that you had a year ago, every last dollar counts. This brings us to the question at hand. Are there good values in the rare gold market in the $5,000 and under price range? And if so, what are they? This article is focused on twelve of the better values that come to mind in the gold dollar through half eagle denominations.

In recent years, coin shops and mail-order merchants have come to count on strong sales in December. That wasn’t always the case, but coins and related items have become much more popular options for gift giving as public awareness has grown.

The $700 billion price tag of the Wall Street bailout has induced an understandable uproar from the American public. Taxpayers are right to be concerned about Congress doling out such a sizable chunk of change — and skeptical of the justifications proffered by politicians.

Citigroup says gold could rise above $2,000 next year as world unravels By Ambrose Evans-Pritchard, Telegraph.co.uk

Gold is poised for a dramatic surge and could blast through $2,000 an ounce by the end of next year as central banks flood the world’s monetary system with liquidity, according to an internal client note from the US bank Citigroup.